Description

DSP Mutual Fund launches new index fund NFO with SIP facility from August 8-22, 2025 on BSE platform with tentative allotment on August 29, 2025.

Summary

DSP Mutual Fund is launching the DSP NIFTY500 FLEXICAP QUALITY 30 INDEX FUND as a New Fund Offer (NFO) on the BSE StAR MF Platform from August 8, 2025 to August 22, 2025. The fund offers 6 plan variants including regular and direct plans with growth and dividend options, with a tentative allotment date of August 29, 2025.

Key Points

  • NFO period: August 8, 2025 to August 22, 2025
  • Six plan variants available: Regular/Direct plans with Growth/IDCW Payout/IDCW Reinvestment options
  • All plans categorized as Equity funds
  • Extended trading till midnight on August 22, 2025 for lumpsum purchases only
  • SIP/XSIP registrations must be completed by 3:00 PM on NFO closure date
  • Transactions without fund initiation by 9:00 AM on T+1 will be cancelled

Regulatory Changes

No regulatory changes introduced. This is a standard NFO launch notification.

Compliance Requirements

  • Members must ensure client fund initiation by 9:00 AM on T+1 day to avoid transaction cancellation
  • Clear funds must be available in ICCL Account by 6:00 PM on August 28, 2025
  • Cheques and OTM payments acceptable during NFO period subject to clear funds receipt
  • Switch transactions must receive funds on or before allotment date for consideration
  • Pending transactions will remain in system till 3:00 PM on last day of fund payout or T+5, whichever is earlier

Important Dates

  • NFO Start Date: August 8, 2025
  • NFO End Date: August 22, 2025 (extended till midnight for lumpsum)
  • SIP/XSIP Registration Deadline: 3:00 PM on August 22, 2025
  • Clear Funds Deadline: 6:00 PM on August 28, 2025
  • Tentative Allotment Date: August 29, 2025

Impact Assessment

Medium impact on mutual fund market participants. This NFO expands investment options for equity index fund investors seeking exposure to NIFTY500 FLEXICAP QUALITY 30 index. The availability of multiple plan variants (regular/direct with different dividend options) provides flexibility for different investor preferences. The strict fund availability requirements ensure smooth settlement processes.

Impact Justification

New mutual fund offering provides additional investment options for market participants